IAN Fund

Established in 2019, IAN Fund is a venture capital firm based in New Delhi, India. It focuses on seed and early-stage investments across various sectors such as healthcare, software, fintech, big data, artificial intelligence, hardware, and more. The fund aims to provide not only financial backing but also mentoring, strategic inputs, and access to extensive networks.

Sudipta Gautam

Managing Partner

Rajnish Kapur

Managing Partner

Sarika Saxena

Managing Partner

Past deals in Internet of Things

Peppermint

Series A in 2025
Peppermint is an industrial robotics startup that specializes in autonomous floor cleaning robots. The company has developed a robot designed to assist in cleaning various environments, including public and working spaces such as airports, railways, factories, and hotels. By offering a bespoke floor cleaning service, Peppermint's technology enables organizations to reduce human intervention while enhancing cleanliness in their facilities.

FluxGen

Seed Round in 2025
FluxGen Sustainable Technologies is an AI and IoT start-up focused on engineering solutions for energy systems and industrial water management. The company specializes in real-time water management services, leveraging advanced technologies to minimize non-revenue water wastage. By utilizing artificial intelligence and the Internet of Things, FluxGen aims to help industries reduce costs and optimize the use of water resources, promoting efficiency and sustainability in their operations.

Prantae Solutions

Seed Round in 2025
Prantae Solutions, established in 2015 and based in Bhubaneshwar, Odisha, India, is a biotechnology company focused on affordable technologies for rare and neglected disorders. The company operates a health-connected ecosystem, featuring low-power, portable IoT devices and a diagnostic system for precise measurement of albumin and creatinine levels. Prantae's platform combines advanced optical sensing, high-definition imaging, and AI-driven algorithms, enabling users and healthcare professionals to monitor health, assess kidney function, and gain molecular-level insights. The company reinvests all profits into technology development and health awareness initiatives in India.

Fyllo

Venture Round in 2024
Fyllo is an agritech startup that uses IoT (Internet of Things) and AI to provide farmers with real-time data and insights to optimize their crop yields, including precise irrigation, fertilization schedules, disease and pest predictions, and weather forecasts.

Noccarc

Seed Round in 2024
Noccarc is a pioneering medical device company focused on transforming critical care through innovative technology. The company specializes in developing advanced ICU ventilation systems that feature intuitive interfaces and cloud-based remote monitoring capabilities. These cutting-edge ventilators enhance the efficiency and effectiveness of critical care in hospitals and healthcare facilities worldwide. By providing smart, connected devices and a digital platform, Noccarc enables real-time data accessibility, digitizes patient information, and automates workflows, thereby improving overall healthcare delivery.

Peppermint

Funding Round in 2023
Peppermint is an industrial robotics startup that specializes in autonomous floor cleaning robots. The company has developed a robot designed to assist in cleaning various environments, including public and working spaces such as airports, railways, factories, and hotels. By offering a bespoke floor cleaning service, Peppermint's technology enables organizations to reduce human intervention while enhancing cleanliness in their facilities.

Fyllo

Seed Round in 2022
Fyllo is an agritech startup that uses IoT (Internet of Things) and AI to provide farmers with real-time data and insights to optimize their crop yields, including precise irrigation, fertilization schedules, disease and pest predictions, and weather forecasts.

InfyU Labs

Seed Round in 2021
InfyU Labs is an agritech company based in India that specializes in developing IoT-based products aimed at ensuring the quality of fruits and vegetables. The company has created a handheld, non-destructive testing device that assesses the chemical composition of produce. This innovative technology allows users to evaluate the internal quality of fresh fruits without the need for cutting, which in turn helps producers and distributors minimize perishable waste, reduce logistic costs, and optimize storage time. By providing these advanced solutions, InfyU Labs plays a significant role in enhancing the efficiency and sustainability of the agricultural supply chain.

Peppermint

Seed Round in 2021
Peppermint is an industrial robotics startup that specializes in autonomous floor cleaning robots. The company has developed a robot designed to assist in cleaning various environments, including public and working spaces such as airports, railways, factories, and hotels. By offering a bespoke floor cleaning service, Peppermint's technology enables organizations to reduce human intervention while enhancing cleanliness in their facilities.

BatteryPool

Seed Round in 2021
BatteryPool specializes in providing comprehensive charging solutions for electric vehicle fleets and commercial vehicles. Their offerings include a SaaS platform for managing operations, IoT-connected charging hardware, a mobile app, and battery management systems for two-wheelers.

SP Robotic Works

Series A in 2021
SP Robotic Works is India's leading Edutainment company, combining learning robotics, coding, and other emerging technologies with interactive fun. Its AI-assisted digital platform and hands-on kits enable students to learn robotics, coding, IoT, drones, app building, VR, and more. Courses are delivered online and offline via 83 dedicated centers across India.

Fyllo

Seed Round in 2021
Fyllo is an agritech startup that uses IoT (Internet of Things) and AI to provide farmers with real-time data and insights to optimize their crop yields, including precise irrigation, fertilization schedules, disease and pest predictions, and weather forecasts.

Get My Parking

Venture Round in 2021
Get My Parking is a technology startup founded in 2015 that specializes in smart parking solutions. With a team of over 110 members, the company provides interoperable parking technology to operators through its white-label parking applications and an IoT GateKit, which automates parking barriers. Its cloud platform centralizes digital control over a network of parking lots, allowing for real-time updates and efficient management. Get My Parking is at the forefront of innovative trends, including AI-powered parking, electric vehicle charging, and automated parking systems, supported by Plug-N-Play API integrations. The platform has been successfully implemented in over 3,500 parking lots across 20 countries, processing more than 100 million transactions to date, thereby enhancing the parking experience for both commuters and enterprises.

AGATSA

Venture Round in 2019
Agatsa Software Pvt. Ltd., founded in 2010 and headquartered in Noida, India, specializes in the design and manufacture of innovative ECG monitoring devices. Their flagship product, SanketLife, is a compact and affordable heart monitoring device that allows users to track their cardiac health in real time through a mobile application. This portable device not only monitors health data but also presents trends that can be shared with healthcare professionals for further assessment and guidance. Agatsa aims to enhance the quality of life by providing accessible and intelligent health monitoring solutions, ensuring that patients feel secure and informed about their heart health.

Noccarc

Seed Round in 2019
Noccarc is a pioneering medical device company focused on transforming critical care through innovative technology. The company specializes in developing advanced ICU ventilation systems that feature intuitive interfaces and cloud-based remote monitoring capabilities. These cutting-edge ventilators enhance the efficiency and effectiveness of critical care in hospitals and healthcare facilities worldwide. By providing smart, connected devices and a digital platform, Noccarc enables real-time data accessibility, digitizes patient information, and automates workflows, thereby improving overall healthcare delivery.

TagBox

Angel Round in 2017
TagBox specializes in developing supply chain monitoring technology that enhances the reliability and sustainability of cold chains. By leveraging Internet of Things solutions, the company provides tools for tracking and managing product quality and compliance throughout the supply chain. Its technology offers features such as end-to-end traceability, advanced analytics, automation, and operational efficiency. These capabilities enable clients to significantly reduce product spoilage, meet regulatory requirements, lower energy costs, prevent theft and pilferage, and optimize transportation expenses. Overall, TagBox aims to improve supply chain management through innovative technological solutions.

Get My Parking

Series A in 2017
Get My Parking is a technology startup founded in 2015 that specializes in smart parking solutions. With a team of over 110 members, the company provides interoperable parking technology to operators through its white-label parking applications and an IoT GateKit, which automates parking barriers. Its cloud platform centralizes digital control over a network of parking lots, allowing for real-time updates and efficient management. Get My Parking is at the forefront of innovative trends, including AI-powered parking, electric vehicle charging, and automated parking systems, supported by Plug-N-Play API integrations. The platform has been successfully implemented in over 3,500 parking lots across 20 countries, processing more than 100 million transactions to date, thereby enhancing the parking experience for both commuters and enterprises.

Get My Parking

Seed Round in 2017
Get My Parking is a technology startup founded in 2015 that specializes in smart parking solutions. With a team of over 110 members, the company provides interoperable parking technology to operators through its white-label parking applications and an IoT GateKit, which automates parking barriers. Its cloud platform centralizes digital control over a network of parking lots, allowing for real-time updates and efficient management. Get My Parking is at the forefront of innovative trends, including AI-powered parking, electric vehicle charging, and automated parking systems, supported by Plug-N-Play API integrations. The platform has been successfully implemented in over 3,500 parking lots across 20 countries, processing more than 100 million transactions to date, thereby enhancing the parking experience for both commuters and enterprises.

Neurosynaptic Communications

Series A in 2016
Neurosynaptic Communications is a Bangalore-based technology company that develops ICT-based healthcare solutions to enable remote diagnosis and affordable care. Founded in 2002, it offers standalone medical devices and software platforms for capturing physiological parameters and delivering telemedicine services. Its device portfolio includes multi-parameter data acquisition units, ECG devices, pulse oximeters, electronic stethoscopes, and monitoring peripherals, complemented by software for diagnosis, prescriptions, laboratory investigations, and electronic medical records management and secure transmission. The company aims to help healthcare professionals optimize processes, support remote consultations, and improve access to care, especially in resource-constrained settings.

SP Robotic Works

Seed Round in 2016
SP Robotic Works is India's leading Edutainment company, combining learning robotics, coding, and other emerging technologies with interactive fun. Its AI-assisted digital platform and hands-on kits enable students to learn robotics, coding, IoT, drones, app building, VR, and more. Courses are delivered online and offline via 83 dedicated centers across India.

ClearObject

Series B in 2012
ClearObject Corporation is an IoT systems innovator based in Fishers, Indiana, with additional offices in multiple countries. Founded in 2010 and originally known as CloudOne Corp., the company specializes in designing, developing, and managing Internet of Things (IoT) products and platforms. ClearObject provides a range of services including managed services, design thinking, and professional services, aimed at helping clients achieve their IoT objectives. The firm leverages its partnerships with industry leaders like IBM and Google Cloud to deliver advanced solutions and unique data analytics, enabling clients to gain insights from their products. ClearObject's customer-focused approach allows clients to access diverse expertise across various disciplines such as engineering, analytics, and machine learning. In 2017, the company rebranded to emphasize its commitment to IoT solutions, and it has since expanded its capabilities with a new Digital Products business unit to support clients' digital transformations. Over the years, ClearObject has received numerous accolades for its innovative contributions to the IT services industry.
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